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American and Caribbean countries to analyze the magnitude and determinants of the productivity gap between large and SME firms … and to simulate of the impact on productivity of various policy scenarios. …
Persistent link: https://www.econbiz.de/10010271309
The government fragmentation hypothesis (GFH) states that coalition governments spend more than single-party governments due to an underlying common pool problem. Using a large panel data set on 604 local governments in the German state of Baden-Württemberg for the 1994-2014 period, I test the...
Persistent link: https://www.econbiz.de/10011730813
and productivity change; when expenditure on consumer durables is recorded as capital investment. The capitalization of … consumer durables impacts both the levels and growth rates of the capital stock, productivity and GDP. Our growth accounting … productivity growth in 1995-2004. ICT's impacts were larger, i.e., one-fifth of GVA growth and one-sixth of labour productivity …
Persistent link: https://www.econbiz.de/10011604986
of China. In this paper we estimate the effect of deep reform (the right to hire and fire labour, buy and sell capital … and operate on international markets) on the productivity dynamics of enterprises. Using a unique balanced panel of 681 … show that exposure to deep reform have lead to higher productivity realisations while remaining under state ownership. …
Persistent link: https://www.econbiz.de/10010261956
China has achieved impressive growth over the last three decades. However, there has been debate over the sources of … quantifying their contributions to growth. In this paper, we develop a three-sector dynamic model to quantify the sources of China … continues to absorb more than half of all fixed investment. If capital had been allocated efficiently, China could have achieved …
Persistent link: https://www.econbiz.de/10010269571
world markets, despite China being an oil importing country. In this paper we develop a theoretical model that explains the … oil prices that has a stronger impact on its export competitors. This is due to the large labor force surplus of China. We … export competitiveness, together with the oil price, productivity, real exchange rate, and foreign industrial production over …
Persistent link: https://www.econbiz.de/10010277838
resources, which raises productivity. Relying on provincial panel data from China, this paper attempts to examine if regional … productivity growth is accounted for by the deepening process of financial development. Towards this end, an appropriate … measurement of financial depth is constructed and then included as a determinant of productivity growth. It finds that a …
Persistent link: https://www.econbiz.de/10010284703
This study examines the productivity growth of the nationwide banks of China and a sample of city commercial, banks for … the eleven years to 2007. Estimates of total factor productivity growth are constructed with appropriate confidence … alternative sets of outputs. The productivity growth of the state-owned commercial banks (SOCBs) is compared with the joint …
Persistent link: https://www.econbiz.de/10010288751
This study examines the productivity growth of the nationwide banks of China over the ten years to 2006. Using a … bootstrap method for the Malmquist index estimates of productivity growth are constructed with appropriate confidence intervals … for the robustness of the results by examining alternative sets of outputs. The productivity growth of the state …
Persistent link: https://www.econbiz.de/10010288855
We argue that China's rising shadow banking was inextricably linked to potential balancesheet risks in the banking … banking (the banking system) in China. …
Persistent link: https://www.econbiz.de/10011776811